A mini accountability discussion for those trying to improve their trading skills (which should be everyone, really)! Maybe you’ve started reading a new trading book? Started trading more? Started trading a different market perhaps? Backtesting a new system?
This could have happened today, this week, or this month! What counts is what you’ve done – not what you’re planning on doing!
I have learned so much since joining this forum and engaging the smart people (even those I disagree with) here in discussion. I’ve read about different ways to enter and exit trades and optimal timeframes. I’ve had the opportunity to consider perspectives from members on RSI exits, MACD crossovers, RoC, all kinds of stuff. Learned about something today called a “Keltner Channel”. The great thing is, a lot of it is fresh perspective for the classically-trained forex person that I am, having built my base from reading Kathy Lien books, and other Wiley-type-stuff.
With all this good discussion I’ve recently decided to start codifying other people’s trading strategies that they discuss here. I started doing it for fun, but very quickly realized the stretch value, in that doing things differently made me grow my coding skills in unexpected ways. The popularity of Robopip’s Inside Bar blog/strategy got me interested in IB, and after codifying it, I decided to put my own spin on it. I’m REALLY excited to introduce the system I built to the community in the next few weeks when it’s ready!
All that being said, I hate to take the easy fruit, but plugging in with smart traders right here in community discussion, and then codifying the learnings has been the best thing I’ve done recently!
Oh wow that’s exciting indeed!
Have you started using it? I used to use that too but only as some sort of “guidance.”
Each week I do these…
Not yet, though I intend to learn how to!
Right now I’m fully heads-down in getting that aforementioned IB EA ready for production. I’ll have the first 3 pairs (EUR/USD USD/JPY GBP/USD) ready in less than a week, and 2 more pairs about a month from now. Documentation is almost done. Going to post the source code on github and plug this all into a myfxbook connected to a live account so it can be tracked while it proves itself in real life. Should be fun! 
Wow! All that sounds so advanced!!! Good stuff! 
For me it happened this Month. I joined Babypips. yay!! 
. From the beginning of the year, I’ve been thinking of learning FX, but only this month I took action. currently I am,
Following School of Pipsology
Watching videos from multiple YouTube channels (Tastytrade, Option Alpha, Trading with Rayner Teo and Candice B with few more channels to check out…)
Reading few books (most book I found from the forum post “Pipcrawler’s favourite trading books”)
So all things considered this month has been a month of action for me…
Bought Ichimoku books from Japanese Forex Trader Kei, blowing my mind with each chapter. Everyone only says to trade with the trend but the author goes into detail how to trade with it during a range market, its really great.
I have recently invested in a semi-automated trade manager to help close off positions at certain levels etc
I started researching the settings and combinations of individual indicators, looking for new trading solutions, and assessing the relationship between indicator settings and profit.
This week I started learning more about the oscillators. They are quite interesting, I must say.
Always backtesting to look for ways to refine my entries in particular.
I found out why many successful traders say " successful trading is boring". That’s the result of efficient optimization of your entries which also cuts the number of your trades only to the “best of the best” constellation, what means you have less action but also less losses, that shifted me in the situation to start to hit the cash-out button in my broker’s account 
Recently I have been reading a lot more into forums and watching more videos for tips. Reducing what I deposit also. Trying to take it down a notch until I get my footing again
Continue reading and learn something new every day
Absolutely. This just reminds me of my resolution this week - To Quit Pricrastination. Thanks and God bless.
I aquired a personal pc-laptop. All along i was using office equipment. When office closes you know what happens.
Hi,
I am fortunate this month to still be off work. I have had two operations and made two false starts to go back to my consulting contract, and decided to lengthen the timeframe in which I will decide to return to consulting (lesson learned from reading about Forex method and approach, and to stick to the daily timeframe). I am feeling mentally refreshed but physically I still fall asleep far too often. Specialist says calcium levels still too high, but I put it down to old age 
I got held up on my 2021/22 Crypto investment and trading plan last week because I did not have a firm basis on which to start the “trading” element of it, despite having traded Forex in fits and starts since 2005. And the fact that I do not have a documented exit strategy gnaws away at my brain at an ever increasing frequency given the crypto gains of the past few months
Anyway, I dusted off a November 2020 trading plan that was interrupted when my interest in Crypto got really serious. Out of an eight week gruelling plan consisting of about 200 hours of identified estimated effort required, I am well in to the second week, and I have:
1 Read “The Crypto Trader” and taken notes to incorporate some gems into the future Crypto trading plan
2 Started reading “Reminiscences of a Stock Operator” after reading a recommendation to include that in the Top 10 books on trading.
3 Restarted School of Pipsology from where I left off some time last year, with a scheduled calendar to complete all classes within the next four weeks - I must be really slow because some folks say they have finished it within a few days, but I have done about a quarter of it (if that) over 18 months!. Time to speed things up.
4 Written an Appendix to my Forex trading plan that is a work breakdown structure and effort estimate of the time required to complete the entire NNFX method on which my 2021/22 Forex trading plan will be based. I am known to write ten pages when one will do, but that is my comfort zone. I have decided that the notes I take from the NNFX podcasts and videos will be incorporated into a Statement of Requirements. As I build my current year Forex trading plan based on NNFX, there will be a list of “mechanical rules” that will refer to a number Requirement and that Requirement will have a traceability matrix to one or more source material references, just in case - during revisit of future iterations of the plan, I can easily refer back to source material to remind myself as to the reason I had set up the mechanical rules in the first place. This is something I did in 2019 for a major client in terms of an application development migration for HR. The client was more than satisfied, and for me it was the first time in over 20 years of consulting that I had been able to influence (and control) the entire end to end project (including non-IT outcomes) and I think that lends itself well to the task at hand to have a set of rules for a Forex trading plan that can be tested against reality (back testing).
5 I signed up to TradingView charting package and within 24 hours had opted to pay 12 months subscription to Pro+ at 50% discount - once I have paid for something, that gives me the impetus to make sure I get my money’s worth, so that needs a training plan on its own since it will be needed soon for backtesting.
So quite a lot in the last 2 weeks. I have loads of paperwork waiting to be completed, but I tend to have these “spurts” where I bury myself in detailed subject matter for a week or two and do the absolute minimum of other chores in the meantime. Nobody’s complaining - the whole family is supportive. And Crypto market is in a (relatively boring)
choppy mood since 10Apr21. Just the right time to maximize progress on a rather large education commitment before life distracts me once again. 